Course Descriptions for ACNT

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ACNT 1303 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC.

Introduction to Accounting I
This is a WECM Course Number.
Course Description: A study of analyzing, classifying, and recording business transactions in a manual and computerized environment. Emphasis on understanding the complete accounting cycle and preparing financial statements, bank reconciliations, and payroll. (3 Lec.)


ACNT 1304 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, RLC.

Introduction to Accounting II
This is a WECM Course Number.
Prerequisite: ACNT 1303.
Course Description: A study of accounting for merchandising, notes payable, notes receivable, valuation of receivables and equipment, and valuation of inventories in a manual and computerized environment. (3 Lec.)


ACNT 1305 (3 Credit Hours)
Offered at RLC.

Forensic Accounting
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: Accounting fraud and examination designed to provide a basic understanding of the impact that fraud has on an organization. (3 Lec.)


ACNT 1311 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC.

Introduction to Computerized Accounting
This is a WECM Course Number.
Corequisite/Concurrent: Students must be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: Introduction to utilizing the computer in maintaining accounting records, making management decisions, and processing common business applications with primary emphasis on a general ledger package. This course may be repeated if topics and learning outcomes vary. (2 Lec., 2 Lab.)


ACNT 1313 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC.

Computerized Accounting Applications
This is a WECM Course Number.
Corequisite/Concurrent: Students must be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: A study of utilizing the computer to develop and maintain accounting record keeping systems, make management decisions, and process common business applications with emphasis on utilizing a spreadsheet and/or data base package/program. (2 Lec., 2 Lab.)


ACNT 1329 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC.

Payroll and Business Tax Accounting
This is a WECM Course Number.
Corequisite/Concurrent: Students must be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: A study of payroll procedures, taxing entities, and reporting requirements of local, state, and federal taxing authorities in a manual and computerized environment. (3 Lec.)


ACNT 1331 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, RLC.

Federal Income Tax: Individual
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401.
Course Description: Basic instruction in the tax laws as currently implemented by the Internal Revenue Service providing a working knowledge of preparing taxes for the individual. This course is cross-listed as ACNT 1431. The student may register for either ACNT 1331 or ACNT 1431, but may receive credit for only one of the two. (3 Lec.)


ACNT 1340 (3 Credit Hours)
This course is not currently offered by Richland College.
Offered at MVC.

Accounting and Business Ethics
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: Ethical standards and behaviors, codes of professional conduct, and the impact of unethical behavior on an individual, business and society. (3 Lec.)


ACNT 1347 (3 Credit Hours)
This course is not currently offered by Richland College.
Offered at MVC.

Federal Income Tax for Partnerships and Corporations
This is a WECM Course Number.
Prerequisite: ACNT 1331 or ACNT 1431.
Course Description: Introduction to the tax laws as currently implemented by the Internal Revenue Service providing a working knowledge of preparing taxes for a partnership, sub chapter S, and corporation. (3 Lec.)


ACNT 1370 (3 Credit Hours) New course added May 10, 2010
This course is not currently offered by Richland College.
Offered at MVC.

Accounting Communications
This is a Local Need Course.
Prerequisite: ACCT 2301 and ACCT 2302.
Course Description: Presentation of concepts and techniques for developing a business style of writing and creating documents such as memorandums, letters and reports. The course will include an overview of methods for researching, organizing, analyzing and presenting information in an accounting context. Emphasis on written and oral assignments that develop communication skills for the accounting profession. (3 Lec.)


ACNT 1380 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC.

Cooperative Education - Accounting
This is a WECM Course Number.
Corequisite/Concurrent: Students must obtain instructor approval and be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: Career-related activities encountered in the student's area of specialization are offered through a cooperative agreement between the college, employer, and student. Under supervision of the college and the employer, the student combines classroom learning with work experience. Directly related to a technical discipline, specific learning objectives guide the student through the paid work experience. (1 Lec., 20 Ext.)


ACNT 1391 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, RLC.

Special Topics in Accounting
This is a WECM Course Number.
Course Description: Topics address recently identified current events, skills, knowledge, and/or attitudes and behaviors pertinent to the technology or occupation and relevant to the professional development of the student. This course may be repeated if topics and learning outcomes vary. (3 Lec.)


ACNT 1393 (3 Credit Hours)
This course is not currently offered by Richland College.
Offered at MVC.

Special Topics in Taxation
This is a WECM Course Number.
Prerequisite: ACNT 1331 or ACNT 1431.
Course Description: Tax research which includes extensive on-line research. This course may be repeated if topics and learning outcomes vary. (3 Lec.)


ACNT 1431 (4 Credit Hours)
This course is not currently offered by Richland College.
Offered at MVC.

Federal Income Tax: Individual
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401.
Course Description: Basic instruction in the tax laws as currently implemented by the Internal Revenue Service providing a working knowledge of preparing taxes for the individual. This course is cross-listed as ACNT 1331. The student may register for either ACNT 1331 or ACNT 1431, but may receive credit for only one of the two. (4 Lec.)


ACNT 2303 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, RLC.

Intermediate Accounting I
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401.
Course Description: Critical analysis of generally accepted accounting principles, concepts, and theory underlying the preparation of financial statements. Emphasis on current theory and practice. This course is cross-listed as ACNT 2403. The student may register for either ACNT 2303 or ACNT 2403, but may receive credit for only one of the two. (3 Lec.)


ACNT 2304 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, RLC.

Intermediate Accounting II
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: Continued in-depth analysis of generally accepted accounting principles underlying the preparation of financial statements, including comparative analysis and statement of cash flows. This course is cross-listed as ACNT 2404. The student may register for either ACNT 2304 or ACNT 2404, but may receive credit for only one of the two. (3 Lec.)


ACNT 2309 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, RLC.

Cost Accounting
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402.
Course Description: A study of budgeting and cost control systems including a detailed study of manufacturing cost accounts and reports, job order costing, and process costing. Includes introduction to alternative costing methods such as activity-based and just-in-time costing. (3 Lec.)


ACNT 2311 (3 Credit Hours)
Offered at BHC, CVC, EFC, MVC, RLC.

Managerial Accounting
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402.
Course Description: A study of practical applications of accounting with emphasis on cost behavior, capital management decisions, budgeting, financial statement analysis, and income taxation. (3 Lec.)


ACNT 2330 (3 Credit Hours)
This course is not currently offered by Richland College.
Offered at MVC.

Governmental and Not-for-Profit Accounting
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402
Course Description: Basic concepts and techniques of fund accounting, financial reporting for governmental and not-for-profit entities. Accounting cycle for funds and account groups and related financial statements. (3 Lec.)


ACNT 2331 (3 Credit Hours)
This course is not currently offered by Richland College.
Offered at MVC.

Internal Control and Auditing
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: A study of internal control and auditing standards and processing used by internal auditors, managers, and independent public accountants. (3 Lec.)


ACNT 2332 (3 Credit Hours)
This course is not currently offered by Richland College.
Offered at MVC.

Accounting Information Systems
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402.
Course Description: A study of the role of accounting information systems and related subsystems including data collection, retrieval, manipulation, filtering, and sorting of data. (3 Lec.)


ACNT 2333 (3 Credit Hours)
This course is not currently offered by Richland College.
Offered at MVC.

Advanced Accounting
This is a WECM Course Number.
Prerequisite: ACNT 2304 or ACNT 2404.
Course Description: Methods of measuring and communicating economic information, including consolidated statements, partnerships, real estate, foreign operations, and fund units. (3 Lec.)


ACNT 2370 (3 Credit Hours) New course added May 10, 2010
This course is not currently offered by Richland College.
Offered at MVC.

Financial Statement Analysis
This is a Local Need Course.
Prerequisite: ACCT 2301 and ACCT 2302.
Course Description: Analysis of corporate financial reports from a decision-maker’s perspective. Applications included credit analysis, equity valuation and financial distress, including the construction of financial statements, the meaning of accounts, ratios and other evaluation indices. The course is case-and-applications-oriented. (3 Lec.)


ACNT 2371 (3 Credit Hours) New course added May 10, 2010
This course is not currently offered by Richland College.
Offered at MVC.

Management Auditing and Control
This is a Local Need Course.
Prerequisite: ACNT 2331.
Course Description: Topics include internal audit standards, internal controls, risk assessment, evidence, documentation and communications. Auditing techniques including sampling and use of systems-based audit techniques. . Review of ethics, emerging issues and industry specific matters. (3 Lec.)


ACNT 2372 (3 Credit Hours) New course added May 10, 2010
This course is not currently offered by Richland College.
Offered at MVC.

Advanced Auditing
This is a Local Need Course.
Prerequisite: ACNT 2331.
Course Description: Advanced-level of external auditing issues and practice. The focus is on current issues facing the auditing professions with emphasis on the challenges facing the audit practitioner in the foreseeable future. Emerging issues in auditing are identified and analyzed using audit concepts. Topics may include auditing theory and research, economic function of audits, professional standards, malpractice, securities regulation, statistical sampling and computerized auditing. Cases, readings, individual research and discussion. (3 Lec.)


ACNT 2373 (3 Credit Hours) New course added May 10, 2010
This course is not currently offered by Richland College.
Offered at MVC.

International Financial Reporting
This is a Local Need Course.
Prerequisite: ACNT 2303.
Course Description: An examination of the aspects of accounting which apply to multinational business and to practice outside the United States. Topics included in the course are: patterns of accounting practice in other nations, the promulgation of international accounting standards and the harmonization of standards; accounting problems associated with multinational operations; and a comparison of auditing, corporate governance and regulation issues around the world. (3 Lec.)


ACNT 2374 (3 Credit Hours) New course added May 10, 2010
This course is not currently offered by Richland College.
Offered at MVC.

Accounting Theory
This is a Local Need Course.
Prerequisite: ACNT 2304.
Course Description: An examination and analysis of Generally Accepted Accounting Principles (GAAP). The course reviews Financial Accounting Standards (FAS) in detail and includes a critical review of the research that is at the theoretical foundations of GAAP. The course involves ethic discussions, various SEC requirements and requirements arising from the Sarbanes-Oxley law, as well as in-depth discussion of the recent private sector accounting developments. In addition, the process by which the Financial Accounting Standards Board promulgates new FAS will also be analyzed (3 Lec.)


ACNT 2375 (3 Credit Hours) New course added May 10, 2010
This course is not currently offered by Richland College.
Offered at MVC.

Accounting Research and Analysis
This is a Local Need Course.
Prerequisite: ACNT 1331, ACNT 1347, ACNT 2303, ACNT 2304, ACNT 2331 and ACNT 2333.
Course Description: This course is designed to give accounting majors exposure to and appreciation of various types of research that are undertaken by accounting and auditing professionals, including CPA’s, tax professionals, financial analysts and academics. Accounting research will be studied as it relates to financial accounting standards, auditing, governmental accounting and gaining understanding of a business and industry, tax research, and academic research. Students will gain experience working with professional accounting and tax research databases as well as other databases that are useful for accounting research. (3 Lec.)


ACNT 2380 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC.

Cooperative Education - Accounting
This is a WECM Course Number.
Prerequisite: ACNT 1380 and instructor approval.
Course Description: Career-related activities encountered in the student's area of specialization offered through an individualized agreement among the college, employer, and student. Under the supervision of the college and the employer, the student combines classroom learning with work experience. Includes a lecture component. (1 Lec., 20 Ext.)


ACNT 2403 (4 Credit Hours)
This course is not currently offered by Richland College.
Offered at MVC.

Intermediate Accounting I
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401.
Course Description: Critical analysis of generally accepted accounting principles, concepts and theory underlying the preparation of financial statements. Emphasis on current theory and practice. This course is cross-listed as ACNT 2303. The student may register for either ACNT 2303 or ACNT 2403, but may receive credit for only one of the two. (4 Lec.)


ACNT 2404 (4 Credit Hours)
This course is not currently offered by Richland College.
Offered at MVC.

Intermediate Accounting II
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: Continued in-depth analysis of generally accepted accounting principles underlying the preparation of financial statements, including comparative analysis and statement of cash flows. This course is cross-listed as ACNT 2304. The student may register for either ACNT 2304 or ACNT 2404, but may receive credit for only one of the two. (4 Lec.)



Academic Courses
Designated by the Texas Higher Education Coordinating Board for transfer among community colleges and state public four year colleges and universities as freshman and sophomore general education courses.

WECM Courses
Designated by the Texas Higher Education Coordinating Board as workforce education (technical) courses offered for credit and CEUs (Continuing Education Units). While these courses are designed to transfer among state community colleges, they are not designed to automatically transfer to public four year colleges and universities.